Settings8H · net · $10k
Funding arb · Price arb /

DYDX

all DYDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bybit+0.079%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 3 days (all we have)+0.100%+$10 · spread now +0.079%, 7d avg +0.043%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DYDXUSDT0.13890.0100pay 0.0100% / 8h52m 36s$4.6M$2.3M75x
ShortBloFin DYDX-USDT0.13900.0106get 0.0106% / 8h52m 36s$298K$14K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.22
Price spread: +0.079% → +0.043%
$3.6
Slippage, 4 orders
−$80.27
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.44
Costs to cover
1.033%
Break-even
570.1 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago3.25 bp32.3 bp −$32200.6 bp −$2,006doesn't fitdoesn't fit
Sell BloFin live order book, 19 min ago3.62 bp15.3 bp −$1557.2 bp −$572241.5 bp −$24.2Kdoesn't fit

DYDX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DYDX/USDC PERP−0.0067%1h0.1389+0.007%$6K$51K12xas long as short
Deribit DYDX_USDC-PERPETUAL0.0000%1h0.1390+0.079%25xas long as short
Kraken Futures PF_DYDXUSD+0.0078%1h0.1391+0.186%$318K$328K20xas long as short
Lighter DYDX+0.0096%1h0.1390+0.108%$62K$48K5xas long as short
Hyperliquid DYDX+0.0100%1h0.1393+0.281%$2.1M$736K5xas long as short
Aster DYDXUSDT+0.0100%8h0.1390+0.106%$6K$12K5xas long as short
Binance DYDXUSDT+0.0100%8h0.1390+0.114%$5.3M$8.4M75xas long as short
Bybit DYDXUSDTlong+0.0100%8h0.1389long leg$4.6M$2.3M75x
OKX DYDX-USDT-SWAP+0.0100%8h0.1391+0.173%$2.2M$3.4M20xas long as short
Arcus DYDX-USD+0.0100%1h0.1392+0.223%$53K$19K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DYDX_USDT+0.0100%8h0.1390+0.050%$387K$467K75xas long as short
MEXC DYDX_USDT+0.0100%8h0.1390+0.079%$3.4M$860K125xas long as short
KuCoin DYDXUSDTM+0.0100%8h0.1391+0.151%$2.3M$4.0M50xas long as short
Bitget DYDXUSDT+0.0100%8h0.1391+0.151%$1.4M$1.1M10xas long as short
BingX DYDX-USDT+0.0100%8h0.1390+0.079%$5.8Mas long as short
Extended DYDX-USD+0.0104%1h0.1390+0.091%$3K$109K10xas long as short
Aevo DYDX-PERP+0.0104%1h0.1390+0.079%$50K3xas long as short
BloFin DYDX-USDTshort+0.0106%8h0.1390+0.079%$298K$14K75x
GMX DYDX/USD [WBTC.b-USDC]L +0.0187% / S −0.0526%1h0.1390+0.085%$943100xas long as short
Coinbase International DYDX-PERP-INTX+0.0784%1h0.1384−0.353%$16K$29K50xas long as short
dYdX DYDX-USD+0.2695%1h0.1390+0.065%$79K$2K5xas long as short